Gold $1,929.20  -0.60      Silver $23.55  -0.25      Platinum $1,005.00  -16.50      Pd $1,669.50   +4.00
Attention: Due to the anticipated ice storm we will most likely be closed on both Tuesday and Wednesday. There's nothing we do here that can't wait for better weather conditions. Be safe out there!
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Face Value - The value stated on the face of a coin or note at the time of issue.

Fiat Money/Currency - Is money that has a value only because of government regulation or law. Today, all national currencies are fiat currencies, including the U.S. Dollar, and Euro, because they are not backed by a security such as gold.

Fineness - The degree purity of a precious metal usually expressed in parts per thousand. For example, an American Gold Eagle is .9167 fineness, which means it contains 91.67% gold and 8.33% other metals, in this case copper. Pure gold is expressed as .9999 or 9999 and is 24 karat.

Fine Gold - Indicates the fineness or purity of a gold coin or gold bullion. It means the gold item is a pure gold, 24 karat, or .9999 fine gold.

Fine Silver - Indicates the fineness or purity of a silver coin or silver bullion. It means the silver item is pure silver, 99.9% or .999 or higher.

Fine Weight - Is the precious metal weight of a coin or bar rather than the item's gross weight, which would also include contain any alloy metal. An example would be a one ounce Gold American Eagle, its fine weight (gold content) is 1 troy ounce, but is gross weight is 1.09 troy ounces. The weight of precious metal contained in a bullion bar or round, determined by multiplying the gross weight by the fineness.

Flan - A blank round in the size and shape of a coin also known as a planchet or blank.

Fractional Gold - Are gold coins that weigh less then 1 troy ounce. Think of it as fractions of a troy ounce. Most fractional gold comes in primarily three sizes, one-tenth, one-quarter and one-half ounce. Expect to pay higher premiums for the fractional gold versus the one troy ounce variety.

Fundamentals - The study of economic factors, which apply to business principals.

Futures Contract - Is also called Futures, is a standardized contract (details the quality and quantity) to buy or sell a particular commodity or financial instrument at a pre-determined price in the future. Futures contracts are available for each month of the year.

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7511 Boulevard 26, North Richland Hills, TX 76180   817-485-2646